layout vs lay out

layout is a noun but lay out is not a noun.

Word	Noun	Adjective	Verb	Adverb
layout	Yes	No	No	No
lay out	No	No	Yes	No

layout (noun)	lay out (noun)
the act of laying out (as by making plans for something)
a plan or design of something that is laid out

layout (verb)	lay out (verb)
	get ready for a particular purpose or event
	provide a detailed plan or design
	bring forward and present to the mind
	lay out orderly or logically in a line or as if in a line
	spend or invest